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Cedar Road, Earl Shilton, Leicester

East Midlands

£229,950
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
995 sqft

Description

This three-bedroom semi-detached bungalow presents a valuable opportunity for renovation and investment in the East Midlands. The property features essential amenities including PVCu double glazing and a gas-fired combination boiler, although it requires modern upgrades, particularly the installation of radiators throughout. With spacious areas such as a breakfast kitchen, a generous lounge/dining room with patio doors, and practical features like a tandem carport and garage, there is substantial scope for enhancement. The enclosed front and rear gardens provide additional outdoor space that could be optimized. Conveniently situated near local amenities and major transport links (A5, M69, M6, M1), this property is offered with no chain, making it an appealing project for those looking to increase its potential value through thoughtful refurbishment.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£231/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,360
10% above area average per sq ft
Potential ROI
+14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +1.0%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on LE9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cedar Road, Earl Shilton, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£820
Based on a loan of £172,462 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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